Plan Ledger DOL Form 5500 · updated monthly

Assuredpartners, Inc.401(k)

ASSUREDPARTNERS 401(K) PLAN · ORLANDO, FL · plan year 2024

Reported admin expense ratio · 2024
0.07%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Assuredpartners, Inc. reported $687,256 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $2,764 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.10% to 0.07%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 43rd-largest of 3,644 plans among Florida employers on file, and the 173rd of 4,798 in finance & insurance. In 2024, employees put in $3.10 for every $1.00 the employer contributed; active participation has grown from 8,513 to 9,755 since 2022.

Plan summary
Net assets, end of year$1,055,725,046
Participants with balances10,906
Active participants9,755
Employer contributions$26,963,750
Employee contributions$83,698,687
Employer contribution per active participant$2,764
Average account balance$96,802
Benefits paid to participants$78,500,680
Plan auditUnmodified (clean) audit opinion
AuditorPIVOT CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$1.1B · 10,906 accts · $27.0M emplr
2023$878.4M · 10,257 accts · $24.1M emplr
2022$737.7M · 9,541 accts · $21.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$434,296
Investment management$250,560
Total administrative$687,256
The Assuredpartners, Inc. 401(k) match · 2024
Employer contribution per active participant$2,764
Median for plans this size$4,294
2024$2,764 per active participant
2023$2,605 per active participant
2022$2,476 per active participant

Assuredpartners, Inc.'s 2024 employer contribution ran below the $4,294 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping$434,296
CAPFINANCIAL PARTNERS LLC DBA CAPTR · Investment advisory (plan) · Loan processing$250,561
CHARLES SCHWAB & CO., INC. · Investment advisory (participants) · Securities brokerage$1,143

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Empower
2023Empower

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$687,256 · 0.07%
2023$567,896 · 0.07%
2022$772,092 · 0.10%
Same employer
Similar plansFinance & Insurance · Florida
Brown & Brown, Inc. FL$2.0B · 0.05%
Southstate Bank, N.A. FL$809.8M · 0.06%
Ncci Holdings, Inc. FL$505.8M · 0.06%
Eimfl LLC FL$457.5M · 0.02%
Ocwen Financial Corporation FL$335.2M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 275176829 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.